The International Monetary Fund (IMF) has projected positive developments for Greece’s economy in its latest Fiscal Monitor report. The report forecasts a significant decrease in the country’s public debt over the next few years.

By 2029, Greece’s primary surplus is expected to reach 2.1% of GDP, with the public debt decreasing from 168.9% in 2023 to 139.4% in 2029, a reduction of nearly 30 percentage points. Additionally, the overall fiscal balance is projected to gradually improve, with general government revenues and expenditures showing positive trends.

These optimistic projections indicate a promising future for Greece’s fiscal health, paving the way for sustainable economic growth and stability. The IMF’s report underscores the importance of prudent financial management and effective policy measures in achieving long-term economic prosperity for Greece.